HCL Technologies provides software, business process outsourcing, and information technology infrastructure services worldwide. It offers IT infrastructure management, cloud computing, data center, managed mainframe and maintenance, network, service integration and management, and workplace services, as well as autonomics and orchestration services, products, and platforms. The Company also provides digital consulting, application development and platform engineering, platforms, business analytics, business assurance and testing, and application maintenance services. 

Employee Rating

3.3More
TypePublic
HQNoida, IN
Founded1999
Size (employees)120,081 (est)
Websitehcltech.com
HCL Technologies was founded in 1999 and is headquartered in Noida, IN
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Key People/Management at HCL Technologies

C Vijayakumar

C Vijayakumar

President & CEO, HCL Technologies
Prateek Aggarwal

Prateek Aggarwal

CFO
Apparao V V

Apparao V V

Chief Human Resources Officer
GH Rao

GH Rao

President - Engineering and R&D Services (ERS)
Rahul Singh

Rahul Singh

President – Financial Services
Ajit Kumar

Ajit Kumar

President – Applications & SI Services Delivery
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HCL Technologies Office Locations

HCL Technologies has offices in Noida, Madurai, Ranchi, Vila Olimpia and in 87 other locations
Barton,
18 National Circuit
Brisbane City,
300 Queen St
Melbourne,
11 Queens Rd
North Sydney,
101 Miller St
Perth,
125 St Georges Terrace
Zaventem,
22 Lozenberg
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HCL Technologies Financials and Metrics

HCL Technologies Revenue

HCL Technologies's revenue was reported to be ₹505.69 b in FY, 2018 which is a 4% increase from the previous period.
USD

Revenue (Q2, 2019)

2.1b

Gross profit (Q2, 2019)

743.6m

Gross profit margin (Q2, 2019), %

35.4%

Net income (Q2, 2019)

356.7m

Cash (30-Sep-2018)

218.3m
Annual
INRFY, 2015FY, 2016FY, 2017FY, 2018

Revenue

378.4b486.4b486.4b505.7b

Revenue growth, %

29%4%

General and administrative expense

247.3b

Operating expense total

287.2b249.7b381.0b407.1b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

1.5b1.6b4.7b1.7b1.7b1.7b1.9b1.9b2.0b2.1b2.1b

Cost of goods sold

1.0b1.0b3.1b1.1b1.1b1.2b1.2b1.3b1.3b1.3b1.4b

Gross profit

512.9m541.2m1.6b581.0m578.2m591.7m634.5m655.4m682.2m706.5m743.6m

Gross profit Margin, %

33%35%34%34%34%34%34%34%34%34%35%
Annual
INRFY, 2015FY, 2016FY, 2017FY, 2018

Cash

97.9b92.9b13.2b17.0b

Accounts Receivable

65.4b76.8b83.0b96.4b

Inventories

1.6b2.6b2.8b1.7b

Current Assets

245.6b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cash

118.5m124.3m110.1m183.7m186.6m326.0m189.7m218.4m208.2m252.4m218.3m

Accounts Receivable

1.0b1.1b1.2b1.3b1.2b1.2b1.3b1.4b1.5b1.5b1.5b

Inventories

32.3m33.7m39.9m52.6m44.4m51.0m36.0m56.3m37.2m13.4m12.6m

Current Assets

3.7b3.7b3.8b3.9b3.9b3.8b4.0b3.7b3.6b3.8b3.8b
Annual
INRFY, 2015FY, 2016FY, 2017FY, 2018

Net Income

91.2b69.7b105.4b87.2b

Depreciation and Amortization

4.0b3.9b8.3b13.8b

Inventories

411.1m867.3m202.1m1.2b

Accounts Payable

563.1m2.4b
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

263.7m554.6m839.5m304.8m606.1m912.3m336.5m675.7m1.0b355.8m712.4m

Depreciation and Amortization

20.7m43.8m67.2m28.0m56.9m89.4m36.7m84.5m155.0m73.5m148.5m

Accounts Payable

30.7m22.7m1.5m7.3m2.0m11.7m12.8m21.4m31.5m17.7m62.6m

Cash From Operating Activities

215.0m388.5m632.5m462.7m804.4m1.1b407.5m671.6m921.9m362.9m640.5m
USDY, 2018

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.4 x
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HCL Technologies Operating Metrics

HCL Technologies's Users was reported to be 1.7 m in FY, 2017.
FY, 2015FY, 2016FY, 2017

Users

1.40 m1.70 m1.70 m

IT Assets Managed

5 m6 m6 m

Helpdesk Contacts

17 m20 m20 m

Languages

26 26 26
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HCL Technologies Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Lotus Development CorporationDecember 10, 2018$1.80 b
DatawaveSeptember 06, 2017
Anzospan Investments Pty Ltd
Axon Group Limite
Axon Solutions Inc
Axon Solutions Limite
Axon Solutions Pty. Limite
Axon Solutions (Shanghai) Co_Limited
Axon Solutions Singapore Pte. Ltd.
Butler America Aerospace LLC
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HCL Technologies Revenue Breakdown

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HCL Technologies revenue breakdown by business segment: 58.6% from Software Services, 37.8% from IT Infrastructure Services and 3.7% from Other

HCL Technologies revenue breakdown by geographic segment: 58.3% from US, 27.4% from Europe, 10.4% from Rest of the world and 3.9% from Other

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HCL Technologies Online and Social Media Presence

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HCL Technologies News and Updates

HCL Technologies taking more risks over product play, say experts

Say it needs long-term commitment of resources to develop successful products from acquired IPs of IBM

HCL Technologies buying IBM Software Products for $1.8 bn

Indian software major HCL Technologies on Friday said it was buying IBM Software Products for $1.8 billion (Rs 12,700 crore) in an all-cash deal.

Stocks Radar: Kotak Mahindra Bank, HCL Technologies, Zydus Wellness, Jet Airways

Here are the stocks moving the market today.

HCL Technologies to buy certain IBM software assets for $1.8 billion

IBM agreed to sell $1.8 billion in software assets to India’s HCL Technologies Ltd., part of Big Blue’s effort to focus more on cloud computing

The Wall Street Journal: IBM sells some software products to India’s HCL Technologies for $1.8 billion

The deal, which is expected to close by the middle of 2019, includes IBM’s Appscan, Unica, Notes and Domino products.

HCL Technologies to Acquire Select IBM Software Products for $1.8B

ARMONK, N.Y. and NOIDA, India, Dec. 6, 2018 /PRNewswire/ -- IBM (NYSE: IBM) and HCL Technologies (HCL) today announced a definitive agreement under which HCL will acquire select IBM software products for $1.8 billion. The transaction is expected to close by mid-2019, subject to completion ...
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HCL Technologies Blogs

HCL at Money 2020

General Event Campaign Image:  General Event Campaign Title:  HCL at Money 2020 General Event Campaign Subheading:  Accelerating FinTech Transformation through Digital Disruption Innovation | Intelligence | Inclusion  General Event Campaign CTA Text:  Meet us at Booth #2011 General Event C…

Delivery Enablement (Process, Practice) | SCHOLAR | Nagpur

Designation:  SCHOLAR Experience:  Fresher Kenexa Job ID:  496880BR Location:  Nagpur Site ID:  5417 SR Number:  Kenexa Job Link:  Get more details Job Description:  To facilitate VoicE sessions and support knowledge management activities across the organization. (1.) To coordinate with oth…

Platforms | Deputy Manager | Noida

Designation:  Deputy Manager Experience:  5-7 Years Kenexa Job ID:  412983BR Location:  Noida Site ID:  5417 SR Number:  Kenexa Job Link:  Get more details Job Description:  Prepare technical architecture of RPA solution design, Prepare guidelines for developers and train development team t…

Platforms | Associate Manager | Noida

Designation:  Associate Manager Experience:  5-7 Years Kenexa Job ID:  413004BR Location:  Noida Site ID:  5417 SR Number:  Kenexa Job Link:  Get more details Job Description:  Understanding life of operations team agents, identify automation opportunities in assigned processes and propose …

Platforms | Senior Manager | Chennai

Designation:  Senior Manager Experience:  7-9 Years Kenexa Job ID:  430788BR Location:  Chennai Site ID:  5417 SR Number:  Kenexa Job Link:  Get more details Job Description:  Prepare technical architecture of RPA solution design, Prepare guidelines for developers and train development team…

Platforms | Associate Manager | Chennai

Designation:  Associate Manager Experience:  3-5 Years Kenexa Job ID:  435703BR Location:  Chennai Site ID:  5417 SR Number:  Kenexa Job Link:  Get more details Job Description:  Understanding life of operations team agents, identify automation opportunities in assigned processes and propos…
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HCL Technologies Company Life and Culture

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HCL Technologies Frequently Asked Questions

  • When was HCL Technologies founded?

    HCL Technologies was founded in 1999.

  • Who are HCL Technologies key executives?

    HCL Technologies's key executives are C Vijayakumar, Prateek Aggarwal and Apparao V V.

  • How many employees does HCL Technologies have?

    HCL Technologies has 120,081 employees.

  • What is HCL Technologies revenue?

    Latest HCL Technologies annual revenue is ₹505.7 b.

  • What is HCL Technologies revenue per employee?

    Latest HCL Technologies revenue per employee is ₹4.2 m.

  • Who are HCL Technologies competitors?

    Competitors of HCL Technologies include Cognizant, Wipro and Accenture.

  • Where are HCL Technologies offices?

    HCL Technologies has offices in Noida, Madurai, Ranchi, Vila Olimpia and in 87 other locations.

  • How many offices does HCL Technologies have?

    HCL Technologies has 118 offices.